In a new report Fitch Ratings also calls for greater public disclosure on captive arrangements and reserve financings in general.
Ratings agency AM Best has revised the outlook of Vermont-based risk retention group Ophthalmic Mutual Insurance Company's long-term issuer credit rating from stable to negative.
The Cayman Islands captive insurance industry has rolled out a new brand at the RIMS 2013 conference to promote “its integrity and transparency”.
USA Risk has launched the first Malta reinsurance special purpose vehicle (RSPV).
Energi, a provider of alternative and captive insurance solutions in the US and Canada, has appointed former Oklahoma insurance commissioner John Doak and former North Carolina commissioner Wayne Goodwin to its board of directors.
FERMA has asked that the EU not to intervene in the regulation of national insurance contracts, arguing that such an approach will jeopardise the market’s ability to write large cross-border risks.